Operating

Impairment Charges

Ovintiv Impairment Charges increased by 2930.6% to $1.49B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 103.4%, from $730.00M to $1.49B. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2018
Last reportedQ1 2026May 11, 2026

How to read this metric

An increase signals potential operational issues, poor past investment decisions, or adverse market conditions for specific business units.

Detailed definition

These are non-cash charges recorded when the carrying value of an asset exceeds its fair market value. They indicate tha...

Peer comparison

Often seen during restructuring or economic downturns across industrial sectors.

Metric ID: impairment_charges_cf

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$450.00M$730.00M$0.00$141.00M$49.00M$1.49B
QoQ Change+62.2%-100.0%-65.2%>999%
YoY Change-89.1%+103.4%
Range$0.00$1.49B
Avg YoY Growth+7.2%
Median YoY Growth+7.2%

Business Segments

View all
SegmentQ1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Usa Operations$0.00$0.00$0.00$0.00$0.00$0.00$0.00$49.00M
Canadian Operations$0.00$0.00$0.00$450.00M$730.00M$0.00$141.00M$0.00
Total$0.00$0.00$0.00$450.00M$730.00M$0.00$141.00M$49.00M

Frequently Asked Questions

What is Ovintiv's impairment charges?
Ovintiv (OVV) reported impairment charges of $1.49B in Q1 2026.
How has Ovintiv's impairment charges changed year-over-year?
Ovintiv's impairment charges increased by 103.4% year-over-year, from $730.00M to $1.49B.
What does impairment charges mean?
A write-down of an asset's value because it is worth less than what is recorded on the balance sheet.